Question

When a discount of 15% is allowed on the marked price of an article is sold for Rs. 2975 .
1 ) Calculate its marked price given that the marked price is 40% above the cost price of the article .
2 ) Calculate its cost price .
3 ) Calculate the profit in Rs. made by the sale of the article .​

Answer 1

Answer:

Let MP= x

Discount= 15/100*x=(3/20)*x

So SP= MP-Discount

2975=x-3/20x

2975=(17/20)x

x= 3500

So MP=3500

Now, Let CP=y

So, MP= y+(40/100)y

3500=140/100*y

y= Rs .2500

So CP=2500

Profit= SP-CP

=2975-2500=Rs.475

Answer 2

Answer:

ii) C.P = ₹2500

iii) Profit = ₹475

Explanation:

SOLUTION IS ATTACHED HERE

HOPE IT HELP YOU PLZ MARK AS BRAINLEST